Will China enter a rate cut cycle?
中国将步入降息周期?
Every previous globalisation cycle except one (the one cut short in 1914) ended that way, and nothing in the current cycle seemed fundamentally different from what had happened before.
史上每一个全球化周期(除了1914年缩短了的一个周期外)结局都如此,而当前的周期从根本上于历史无异。
The expected rate cut won't break that cycle.
美联储预料中的降息不会打破这一怪圈。
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